Bank of America Is Taking clearXchange Beyond P2P
Bank of America Corp. plans to allow new transaction types, such as corporate disbursements, to be made through the bank-led clearXchange person-to-person payments network.
Ather Williams, Bank of America Merrill Lynch
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Niti Badarinath
U.S. Bank's addition of "instant" person to person payments is a response to consumer expectations: If mobile payments are supposed to replace cash, they should be as fast as cash. more »
Image: Bloomberg News
U.S. Bank will enable real-time person-to-person payments through Fiserv's Popmoney. more »
Image: Bloomberg News
MoneyGram is working with PicomoPay to enable U.S.-based Facebook users to send funds to MoneyGram agent locations in 200 countries using PicomoPay's Facebook app. more »
Image: Bloomberg News
Facebook is reportedly close to obtaining a license to operate as an electronic money institution in Ireland, a move that builds on the company's years of experience handling payments on its home turf. more »
Fiserv's Tom Roberts
Digital person-to-person payments, also known as social payments, have proliferated in the last few years, with the often-heard promise of providing an easier and faster way to split the dinner check. more »
Josh Brewer
Clinkle Corp., a San Francisco startup that specializes in mobile transactions, has appointed Josh Brewer as its vice president of design. more »
Val Glytas
Payments innovation comes quickly, and often from outside the banking industry, leading Associated Bank to create a special procedure to monitor the tech market and customer preferences. more »
Image: Bloomberg News
Capital One has joined clearXchange, providing a flood of new potential end users to the bank-led person-to-person payments initiative. more »

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